Family Restaurant/Lounge with Property

Family Restaurant/Lounge with Property

Price: $780,000

Location: Edmonton Area, Alberta

Industry: 7221 - Full-Service Restaurants

Listing ID: 1384214000005334011

Listing Description

This profitable Family Restaurant and Sports Bar for Sale has enjoyed 21 years at its present location; 45 minutes out of Edmonton. Best place for food in town.

The business facility has been well maintained and features an adjoining paved parking area. Staff will stay with the new owner. Property is valued at $505,000

Capacity: Food side 60 seats, Bar 40 seats, Outdoor patio seats 25.
18 Paved Parking stalls and street parking. 5VLTs.
FF&E insured for $350,000

The owner is retiring.

Business Highlights

> Well maintained and upgraded inside and out – prepared to show well
> Prime main street location near schools
> Great parking space
> Popular social media reputation
> Noon service and catering to large local manufacturer

Listing Details

Total Sales: $779,425

Cash Flow: $131,238

EBITDA: $82,238

FFE: $350,000

Inventory: $15,000

Operation

Year Established: 1996

Employees: 10



Broker Info

Dale Alton

Email: ish@sunbeltcanada.com

Contact the seller